Benitec and Pfizer in Hepatitis C compound deal

Published: 22-Feb-2008
Sustainability Research & Development

Australian company Benitec has entered into a licence agreement with Pfizer to develop and commercialise its Hepatitis C virus compound.


Australian company Benitec has entered into a licence agreement with Pfizer to develop and commercialise its Hepatitis C virus compound.

Under the terms of the agreement between Benitec's San Francisco-based licence company Tacere Therapeutics and Pfizer, a joint steering committee will be formed to oversee the pre-clinical research and development for the compound known as TT-033. The compound is a therapeutic product containing three separate RNA interference (RNA) elements targeted against the Hepatitis C virus.

Pfizer will fund all aspects of the collaboration, and will have exclusive worldwide rights, excluding all Asian countries, to commercialise products that result from the collaboration.

Benitec also has an active clinical program in AIDS lymphoma in progress with its collaborators at California's City of Hope, a caner research and treatment centre.

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